600

For graduate students only. This course is concerned with the theory and the practice of managerial finance, especially in the context of the publicly held corporation in a competitive global environment. The course includes analysis of current and historical financial position and short-term financial decisions. The course emphasizes long-term strategic decisions such as major investments, acquisitions and capital structure decisions. The principles of cost-benefit analysis, value creation, risk and return, and time value of money are demonstrated in a variety of business case examples. The course includes an introduction to portfolio theory, international finance and financial derivatives. Includes curriculum from the CFA® program.

This course will show students how to value a publicly held company using valuation techniques including Free Cash Flow, Market Comparable and Economic Profit Analyses. This course uses a combination of case study learning and currently available information to establish the methodology and execution of the various valuation techniques. Students will use these valuation techniques to value a publicly held company. Students will be required to deal with and get comfortable with the uncertainty in the corporate valuation field. Students will be required to research a public company and make decisions concerning capital budgeting, cost of capital and capital structure.

This course is designed to introduce graduate students to the latest techniques and methodologies used in the analysis of financial data. Students will become familiar with several types of finance datasets such as Bloomberg, CRSP and Compustat, be able to manage and work with large datasets, understand the issues faced by an analyst with respect to selection bias and endogeneity in applied finance and propose possible solutions for the same. In the Analytics in Finance course students will learn and apply discipline-specific statistical and econometric techniques. Specifically, student will perform and communicate empirical analysis by examining a specific research question.

This course uses mathematical and statistical models and current financial data to analyze various topics in corporate finance, bridging the gap between theory and practice.  Topics covered include analysis of financial performance and forecasting, capital budgeting, investment decisions, working capital management, external financing, optimal capital structure, dividend policy, and real option analysis. Students use various tools to analyze cash flows, net present value, risk and return, and valuation using real business data. Students will also investigate advanced corporate finance topics such as corporate restructuring, agency problems, asymmetric information, and executive compensation policies. Includes curriculum from the CFA® Program. 

Course applies no-arbitrage theory to multinational financial management. Topics include international financial markets, international parity conditions, hedging foreign cash flows, arbitrage portfolios, international capital budgeting, international portfolio allocation and international cost of capital. Includes curriculum from the CFA® program.

Encompasses portfolio management at both introductory and intermediate levels. Topic areas include: quantitative analysis, the portfolio management process and investor policy statements, portfolio construction and types of securities, portfolio performance measures and the option strategies for equity portfolios. The course also includes detailed analysis of fixed income securities, macroeconomics, industries and individual firms. Includes curriculum from the CFA® program.

This course deals with the theory and practice of portfolio management and investment analysis at an advanced level. The emphasis is on strategic investment management topics and applications including portfolio optimization, performance attribution techniques, fixed income analysis and portfolio risk management. Students will learn to critically evaluate and implement existing and recently developed portfolio management models. Includes curriculum from the CFA® program.

This course describes the common types of alternative investments, methods for their valuation, advanced data analytic techniques, unique risks and opportunities associated with them, and the relationships that alternatives have to more traditional investments. Includes curriculum from the CFA® Program.

Applied Corporate Finance is designed to provide an in-depth examination of important financial management concepts integrated with SAP. Using a balanced approach of theory and application, this class focuses on the analytical techniques involved in financial planning and decision-making in the firm. Primary emphasis is placed on the importance of strategic investment and financing choices and the logic behind these critical decisions made by the financial manager. An introduction to the financial accounting features of SAP as a solution for enterprise resource planning is provided, along with using SAP to generate information used to make financial decisions.

This course is concerned with the creation, pricing and trading of financial assets and derivative securities and the financial markets those securities are traded in. Topics include financial intermediation, the determination of interest rates, banking, monetary policy, investment banking, and market efficiency. Students learn to use financial models to analyze the characteristics and valuation of securities based on interest rates and other market rates for a variety of financial assets including derivative securities. The course emphasizes current trends in financial markets and financial innovations. Includes curriculum from the CFA® Program.

Global finance introduces the key financial techniques of exchange rate forecasting, capital budgeting, capital structure, risk management, and portfolio theory all from a global perspective. The course is aimed for graduate students seeking a thorough introduction to finance topics which are extended using experiential educational techniques. Appropriate software including Monte Carlo simulation and enterprise resource planning systems are applied to enhance the technical capabilities of future financial leaders in a global marketplace.

International students must consult with the Office of International Programs. May be used to satisfy practicum requirements.

A course offered at the discretion of the finance department. Subject may focus on a topic of current interest in the field, training in a specific area of the field, or a topic that is of interest to a particular group of students.

For graduate students only. Contemporary topics in finance.